The reason why the fund's handling fee is so high is that the fund encourages long-term investment rather than short-term speculation. Increasing the handling fee can curb this situation. On the other hand, long-term investors are treated fairly, and the fees charged are used to compensate long-term investors.

Therefore, the longer you hold the fund, the lower the handling fee. Usually, the redemption fee for more than three years is zero, and the stability of fund shares is also conducive to the operation of fund managers.

There are generally three kinds of expenses for purchasing open-end securities investment funds:

First, to buy a newly established fund, you must pay a "subscription fee".

Second, the purchase of the old fund needs to pay the "subscription fee".

3. Redemption of the fund requires a "redemption fee". The general subscription rate is 1.2%, the subscription rate is 1.5%, and the redemption rate is 0.5% (money market funds are free).

Extended data:

computing formula

The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate. Net subscription amount = subscription amount-subscription fee+interest subscription share from subscription date to fund establishment date.

For example, if an investor invests 300,000 yuan to subscribe for a fund, assuming its corresponding subscription rate is 1.20%, its subscription fee is:

Net subscription amount = 300,000 yuan/(1+1.20%) = 296,442.69 yuan.

Subscription fee = 300,000-296,442.69 = 3,557,438+0 yuan.

The calculation formula of fund subscription is: subscription fee = subscription amount × subscription rate. Subscription share = (subscription amount-subscription fee) ÷ Net value of the fund unit on the application date. ?

The calculation formula of fund redemption is: redemption fee = redemption share × net value of fund unit on redemption day × redemption rate.

Baidu encyclopedia-fund handling fee